INKM Crosses Critical Technical Indicator
June 30, 2015 at 10:52 AM EDT
In trading on Tuesday, shares of the SPDR SSGA Income Allocation ETF (INKM) entered into oversold territory, changing hands as low as $31.355 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..